# CGW to acquire Lacaux Group, French corrugated board producer

Cartonneries de Gondardennes Wardrecques Group (CGW) signed an agreement with the shareholders of Groupe Lacaux to acquire it, with completion expected in April 2019. The combined group will have turnover of about €200 million and around 660 employees.

- Type: Acquisition
- Announced: 2019-04-02
- Where: France
- Status: announced
- Capacity: 180,000 tons recycled liners and 250 million sqm board (CGW site); further capacity across Lacaux sites
- Products: corrugated board, corrugated packaging, recycled liners
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Cartonneries de Gondardennes Wardrecques Group](https://endata.com/companies/4849.md) (acquirer)
- [Groupe Lacaux](https://endata.com/companies/4850.md) (target)

## Sources

- [thepackagingportal.com](https://www.thepackagingportal.com/industry-news/cgw-to-acquire-lacaux-group/), 2019-04-02: "The Cartonneries de Gondardennes Group (CGW), has signed an agreement with the shareholders of Groupe Lacaux, which will lead to an acquisition by CGW."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.